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This Science piece on leverage being “the root of all financial turmoil” is interesting (will follow up on it), though a). I doubt leverage is “the” (only) root of the problem; b).
Month: April 2009
John Bates Clark Medal ’09
Congratulations to this year’s winner, Emmanuel Saez!
Read more about Saez’s research. See list of previous winners. → Read more
Test your Macroeconomics knowledge
…by doing this NYTimes 18 multiple-choice questions quiz (via Greg Mankiw).
This is obviously piece of cake if you did any (ok: any decent) introductory Economics courses (if you did not do any Econ but read frequently the economic news and understand some basics, you should still be able to answer correctly at least 10 of the 18 questions– my own approximation here), but I still like the way they structured the multiple choices: I actually had to stay more than a few seconds for some of the questions :-).
→ Read more Sunday night econlinks
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Reviewing the reviewers, with cross-disciplinary insights. Who would have thought that Economics is somewhat like History? :-). Thanks to Daniel for the link!
Google trends…
… to predict the present: an excellent short paper from a few days ago by Choi and Varian. This is incredibly interesting (and as you will read, working pretty well even in its simplest form!);
→ Read more